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$8,500,000

Est. payment - /mo

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9,721 SqFt

Active

241 El Camino Real Menlo Park, CA 94025

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Nathan King Real Estate Group

info@kingrealestate.group +1(559) 396-0000

UPDATED:

10/10/2024 01:29 AM

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 9,721 sqft

Price per Sqft $874

MLS Listing ID ML81972270

HOA Y/N No

Year Built 1914

Annual Tax Amount $105,679

Lot Size 0.456 Acres

Property Description

Prime location with over 160+ of El Camino frontage! Heavy day and night pedestrian and car traffic. Mixed-use building with diversified set of long-term tenants. Vintage character with all modern amenities. Very well maintained and upgraded over the years. Class A, ADA compliant, +/- 5,065 sqft office space downstairs. Remodeled in 2019 and 2022 with industrial design, 10 ceilings, open office layout, polished concrete floors, contemporary kitchen and bathroom, glass conference rooms and private 600 sqft outdoor patio. Commercial anchor tenant lease ends in 2027. 3 spacious residential units upstairs in great condition, updated with A/C, newer vinyl floors, paint and countertops. No current vacancies. Ample parking. Downtown Menlo Park location on main thoroughfare to Stanford Shopping Center, Stanford University, and Palo Alto. Easy access to Sand Hill Road and leading tech campuses. Dont miss this exceptional investment opportunity!

Location

State CA

County San Mateo

Area 699 - Not Defined

Zoning SP-ECR-D

Interior

Heating Central

Cooling Central Air, Wall/Window Unit(s)

Fireplace No

Exterior

Utilities Available Other

Roof Type Shingle

Present Use Residential

Total Parking Spaces 34

Building

Story 2

Water Public

Others

Tax ID 071413360

Security Features Fire Sprinkler System

Listed by Annie Watson • Coldwell Banker Realty

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Nathan King Real Estate Group

Broker | License ID: 01878277

+1(559) 396-0000

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